The real-estate developer said its net profit for the six months ended June 30 rose to 14.16 billion Hong Kong dollars (US$1.81 billion) from HK$8.61 billion a year earlier. Excluding the fair value change of investment properties, the firm's underlying net profit rose 124% to HK$10.73 billion from HK$4.78 billion a year earlier. First-half revenue rose to HK$12.75 billion from HK$9.73 billion a year earlier.